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705 Chapman Lane, Key West, FL 33040

$1,199,990
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,231 Lot Size (sq. ft.): 5,292 Status: Active
Current Price: $1,199,990 List Date: 10/20/2025 Last Modified: 12/11/2025

Description

Charming Old Town gem with endless possibilities Discover a rare opportunity in the heart of Old Town Key West! This property sits on an exceptionally large lot — a true find in this historic neighborhood. With plenty of room to expand, you can create your own island oasis by adding a pool, enlarging the existing home, or even building a separate guest cottage. Just a short stroll to lively Duval Street, you'll be steps away from world-class dining, art galleries, and live music — all while enjoying the peace and character of a classic Key West street. This home has never before been on the market, making it a truly special offering with incredible potential to customize your dream retreat in paradise.

More Information MLS# 616947

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $1,199,990 Listing Date: 2025-10-18 List Price: $1,199,990

Location, Tax & Legal

KW Neighborhood: Bahama Village City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: X Alternate Key #: 1013889 Parcel #: 00013500-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW LOT 7 SQR 2 TR 3 G10-599 OR1040-86 OR1347-2005 OR1347-2006 OR1347-2003 OR1454-1744 OR3287-374 Taxes: 8606.01 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 705 Street Name: Chapman Street Suffix: Lane Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Old Town - Unrecord (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 5292 Pool: No Lot Sqft Source: Tax Records Total Units: 1 Acres: 0.12 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 30 Style: Single Family Year Built: 1933 Living Apx SqFt: 1231 Total Bedrooms: 3 Full Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: Charming Old Town gem with endless possibilities Discover a rare opportunity in the heart of Old Town Key West! This property sits on an exceptionally large lot — a true find in this historic neighborhood. With plenty of room to expand, you can create your own island oasis by adding a pool, enlarging the existing home, or even building a separate guest cottage. Just a short stroll to lively Duval Street, you'll be steps away from world-class dining, art galleries, and live music — all while enjoying the peace and character of a classic Key West street. This home has never before been on the market, making it a truly special offering with incredible potential to customize your dream retreat in paradise.

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: No 1st Right of Refusal: No Condo Doc's: No Assoc Approval Req: No Association Fee $: 0 Maintenance Fee $: 0

License Info

# of City License: 0 # of County License: 0 Transient Rntl Licns: No

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Carpet: 1 Vinyl: 1

Neighborhood Feature

Community Pool: 1

Interior Features

Dade County Pine: 1

Building Style

Above Flood: Unknown Conch: 1 Stories: 1 Story

Windows/Doors

Wood Windows: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1

Security

No Security: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Propane: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1 Storage: 1

Roof

Metal Roof: 1

Shutters

Bahama: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Conch Vehicle Storage: Guest Parking; Off Street Parking Furnished: Unfurnished Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Propane Interior Features: Dade County Pine Appliances: Refrigerator Exterior Features: Fencing; Storage Construction: Frame Shutters: Bahama Floor: Carpet; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Pool Security: No Security Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; No Seller Finance Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: December - 11 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.